European shares inched lower on Monday as concerns over the economic impact of the coronavirus outbreak weighed on sentiment, while markets also came off a rally from last week.
The pan-European STOXX 600 index fell 0.3 per cent by 0803 GMT, with the travel and leisure sector the biggest decliner.
While Chinese businesses resumed work after an extended holiday, with authorities lifting some virus-related restrictions, a spike in the death toll to more than 900 kept overall sentiment jittery.
The STOXX 600 had marked its best week in three months on strength in bank shares after a swathe of strong fourth-quarter earnings.
Stocks in Germany, Europe's largest economy, fell 0.2 per cent on weakness in resource-related stocks.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.